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Role Of Sourcing In The Achievement Of The Profit Objective Of Organization
[A CASE STUDY OF NIGERIA BOTTLING COMPANY PLC]
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1.3 Objective of the Study
The objective of this study is to
assess role of sourcing in the achievement of the profit objective of
organization of Nigeria bottling company Kaduna plant.
Specifically the study is set out to
1. To identify the sourcing policy employed by the organization in the procurement of materials need.
2. To identify criteria for source selection.
3. To identify the criteria used by the organization in rating their suppliers
4. To identify the type of buyer and suppliers relationship.
1.4 Significance of the Study
The
research study focuses on role of sourcing in the achievement of the
profit objective of organization of Nigeria bottling company PLC
Kaduna, therefore the research study will be of benefit to the
organization, the executives, the students and other researcher in this
field also the research study will be of benefit to the entire
Popolance
To the organizations the study will explain in detail what
sourcing is all about, it important and benefit they stand to derive if,
they give sourcing the necessary any attention required, and also why
should be proactively a proactively in the organization thus the study
will broaden their knowledge of understanding sourcing.
To the
executives the research work will bring to their lime light the various
sourcing methods available which they can use when sourcing for supplier
in their organization, also the type of relationship needed to be used
to foster good relationship with their supplier in order to guarantee
timely delivery of material at the right time, price and at the right
place.
To the student the study will serve as a study materials and a
reference book as well thereby adding valve to the knowledge and to the
researcher in this field the study can be use as a guide and a stepping
stone for further research.
To the student the research study will
help to broaden perspective in what sourcing is all about, is also a
requirement for partial fulfillment for the award of higher national
diploma in purchasing and supply department Kaduna polytechnic.
1.5 Scope of the Study
The
study will be restricted to Nigeria bottling company Kaduna plant. The
study will address the sourcing policies and procedures of the
organization being studied. The work will also look at the nature of
relationship existing between the organization and its suppliers as well
as supplier rating or evaluation.
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